Employee Benefits Consulting Services

The City of Rocky Mount, North Carolina is seeking a vendor to provide comprehensive employee benefits consulting services. The agency needs to optimize its employee benefit package by ensuring quality, cost-effectiveness, competitiveness, and effective plan administration. To solve these challenges, the agency requires annual reviews of the benefit package and assistance with annual benefit renewals, including contract and rate negotiations. The scope of work covers recommending which benefit plans to market and evaluating the most appropriate funding strategy, such as fully insured versus self-funding, for health and dental insurance. The selected vendor must make recommendations for plan benefit changes, enhancements, cost-containment strategies, and wellness providers. Additionally, the agency requires the development and distribution of an annual benefits booklet for all benefit-eligible employees immediately preceding each open enrollment period. Bidders must perform all work onsite and must be located onshore within the United States. The agency accepts digital proposal submissions via email or online portal. The agency has not disclosed a specific budget and is looking for proposals to define the cost structure.